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Wow That Was Fast! Libyan Rebels Have Already Established A New Central Bank Of Libya

The rebels in Libya are in the middle of a life or death civil war and Moammar Gadhafi is still in power and yet somehow the Libyan rebels have had enough time to establish a new Central Bank of Libya and form a new national oil company.  Perhaps when this conflict is over those rebels can become time management consultants.  They sure do get a lot done.  What a skilled bunch of rebels – they can fight a war during the day and draw up a new central bank and a new national oil company at night without any outside help whatsoever.  If only the rest of us were so versatile!  But isn’t forming a central bank something that could be done after the civil war is over?  According to Bloomberg, the Transitional National Council has “designated the Central Bank of Benghazi as a monetary authority competent in monetary policies in Libya and the appointment of a governor to the Central Bank of Libya, with a temporary headquarters in Benghazi.”  Apparently someone felt that it was very important to get pesky matters such as control of the banks and control of the money supply out of the way even before a new government is formed.

Of course it is probably safe to assume that the new Central Bank of Libya will be 100% owned and 100% controlled by the newly liberated people of Libya, isn’t it?

Most people don’t realize that the previous Central Bank of Libya was 100% state owned. The following is an excerpt from Wikipedia’s article on the former Central Bank of Libya….

The Central Bank of Libya (CBL) is 100% state owned and represents the monetary authority in The Great Socialist People’s Libyan Arab Jamahiriya and enjoys the status of autonomous corporate body. The law establishing the CBL stipulates that the objectives of the central bank shall be to maintain monetary stability in Libya , and to promote the sustained growth of the economy in accordance with the general economic policy of the state.

Since the old Central Bank of Libya was state owned, it was essentially under the control of Moammar Gadhafi.

But now that Libya is going to be “free”, the new Central Bank of Libya will be run by Libyans and solely for the benefit of Libyans, right?

Of course it is probably safe to assume that will be the case with the new national oil company as well, isn’t it?

Over the past couple of years, Moammar Gadhafi had threatened to nationalize the oil industry in Libya and kick western oil companies out of the country, but now that Libya will be “free” the people of Libya will be able to work hand in hand with “big oil” and this will create a better Libya for everyone.


Of course oil had absolutely nothing to do with why the U.S. “inva—” (scratch that) “initiated a kinetic humanitarian liberty action” in Libya.

When Barack Obama looked straight into the camera and told the American people that the war in Libya is in the “strategic interest” of the United States, surely he was not referring to oil.

After all, war for oil was a “Bush thing”, right?  The Democrats voted for Obama to end wars like this, right?  Surely no prominent Democrats will publicly support this war in Libya, right?

Surely Barack Obama will end the bombing of Libya if the international community begins to object, right?

Obama won a Nobel Peace Prize.  He wouldn’t deeply upset the other major powers on the globe and bring us closer to World War III, would he?

Russian Foreign Minister Sergei Lavrov has loudly denounced “coalition strikes on columns of Gaddafi’s forces” and he believes that the U.S. has badly violated the terms of the UN Security Council resolution….

“We consider that intervention by the coalition in what is essentially an internal civil war is not sanctioned by the U.N. Security Council resolution.”

So to cool off rising tensions with the rest of the world, Obama is going to call off the air strikes, right?

Well, considering the fact that Obama has such vast foreign policy experience we should all be able to rest easy knowing that Obama will understand exactly what to do.

Meanwhile, the rebels seem to be getting the hang of international trade already.

They have even signed an oil deal with Qatar!

Rebel “spokesman” Ali Tarhouni has announced that oil exports to Qatar will begin in “less than a week“.

Who knew that the rag tag group of rebels in Libya were also masters of banking and international trade?

We sure do live in a strange world.

Tonight, Barack Obama told the American people the following….

“Some nations may be able to turn a blind eye to atrocities in other countries. The United States of America is different.”

So now we are going to police all of the atrocities in all of the other countries around the globe?

The last time I checked, the government was gunning down protesters in Syria.

Is it time to start warming up the Tomahawks?

Or do we reserve “humanitarian interventions” only for those nations that have a lot of oil?

In fact, atrocities are currently being committed all over Africa and in about a dozen different nations in the Middle East.

Should we institute a draft so that we will have enough young men and women to police the world with?

We all have to be ready to serve our country, right?

The world is becoming a smaller place every day, and you never know where U.S. “strategic interests” are going to be threatened next.

The rest of the world understands that we know best, right?

Of course the rest of the world can surely see our good intentions in Libya, can’t they?

Tensions with Russia, China and the rest of the Arab world are certainly going to subside after they all see how selfless our “humanitarian intervention” has been in Libya, don’t you think?

In all seriousness, we now live in a world where nothing is stable anymore.  Wars and revolutions are breaking out all over the globe, unprecedented natural disasters are happening with alarming frequency and the global economy is on the verge of total collapse.

By interfering in Libya, we are just making things worse.  Gadhafi is certainly a horrible dictator, but this was a fight for the Libyan people to sort out.

We promised the rest of the world that we were only going to be setting up a “no fly zone”.  By violating the terms of the UN Security Council resolution, we have shown other nations that we cannot be trusted and by our actions we have increased tensions all over the globe.

So what do all of you think about what is going on in Libya?  Please feel free to leave a comment with your opinion below….

  • Libyan

    Whether or not we are now selling our own oil or have a central bank is all irrelevant. Why does everyone think that the west is only interested in the oil?!?

    To be frank, the Libyans never got it, Gaddafi used the oil for his own self interest and projects. Western oil companies were free to do business in Libya, and foreign companies were acting in Libya!

    So the west and the oil companies were already doing very nicely thank you! Protect ourselves? Well how? The west and east — Russia & China — had already trained and armed the Gadaffi’s private militia at the expense of our army and the volunteers who are now fighting! We didn’t choose to go all out and fight, we were being butchered and massacred and had no other option.

    So let’s cut the crap and BS that you’re printing and have a little respect for the 1000’s if not 10’s of 1000’s that have died. and the 10’s of thousands picked up tortured raped and beaten!

    Life for Libyans in Libya at the moment aren’t doing too well. Yes there are people who support him, but then there were people who benefited and supported Hitler & Pol Pot!

    • Common Cents

      Libyan, you are either a Hannity follower, a paid shill or both. You are on the wrong side pal.

  • Canadian

    BS Libyan!
    Libya was one of the last Utopias left in the world! Free Education, Medical, zero Interest banking and cheap gasoline… The rest of the world should be so lucky…

  • Pitocco

    Nothing to say what will happen in Libya in the next days. There are many interests and strong power is coming out.
    Let me show you that Turkey, the biggest Otan’s ally, has put on hold its business on F35 plane with Usa. The country was reportedly concerned that the US was not sharing its source code for the plane, and that these code secrets could be turned against Turkey if they attacked a US ally.
    If Tukey walk on this road, let me say something is going on very quickly.

  • awkingsley

    It is rather obvious that we want control of not only the oil, but the “oil money”. Maybe this deal was actually structured by the Bernank. Something is going on here all right, and we should have never been involved. Obmama’s crass disregard for American interests, incurring more debt by warring in Libya is unthinkable. The American people are being scammed until they do not have a dime left.

  • subee

    Yes, oil is a big part of this picture, but even bigger is setting up the places for the Muslim Brotherhood to take over . Then you will have radical regimes like Iran and the power to move forward and conquer….
    Obummer is just “helping out his friends”
    Look around folks we are surrounded by the Brotherhood too.
    All of this is setting up the New World Order…..

  • U_LIft_Behind

    all is b’coz of GREED!!!! US Government is a puppet of an GREEDY SATANIC PUPPETTERS!!!

  • laskdjf aljdfl

    Hopefully this war for oil will be more effective at getting oil and less costly than the last one.

  • steve mawson

    It is a civil war. Let them all be left to their own devices. America has enough problems. I thought the nation awoke to decide that being world cop was (a) impossible and (b) too expensive. Of course, no American or Nato intervention has ever occurred in Zimbabwe, and there have been WORSE atrocities there over the years of Mugabe’s rule. No oil. QED. Shame USA shame.

  • Bob Marshall

    Seem like everytime i mention the CIA involvement in war with third world countries my message is removed, I don’t blame them .I wouldn’t want the world tro know they are responsible for more than six million deaths since 1947. In every goverment that is overthrown and their leaders replaced. Sometimes by assination. Alway with leaders who serve Washington. If they are no longer useful to our goverment they are places. I am amazed how easily American people are duped into believing that these wars are not about power and control of the middle. Power and money is the aim of Washington. Don’t dare look at the CIA records and their involvement in countries where leadership has changed. many dictators were trained in Fort Benning, Ga. at their training Center. This is no secert. look it up. many terroist are trained there fo covert operations. All in the interest of corportate control of these nations. I foolishly thought Obama was different. sold us out just like Bush. How long before CIA has us in Iran. Don’t be concerned! Young people because you will pay for these wars as long as you live.

  • Kay

    You know what “We the People” we act like we have no responsibility as the people for the people we put in office!!!! We put them in office year after year!!! We are terrified to elect a Donald Trump or to elect independents or to put Sarah Palins in Office! We keep voting in the same trash year after year and keep getting the same results….so who’ to blame for our Country? Wake Up ‘WE THE PEOPLE”

  • max deadwood

    wswhen you have idiots like max hardwood blurring the real issues with ludicous accusations about russia, you understand why many people do not know how to repond to the apparent hypocrisy of the U.S. government under the past two administrations

  • TruthSeeker

    I thought Alqaida is #1 enemy that we still morn our mistake with when we helped militarize them against the Russians! We out of a sudden see bad dictators like Qaddafi and Saddam much worse than Alqaida suspects like the Libyan revolutionaries! Are we going to morn our mistake again when time comes to blame it all on the Alqaida again? Apparently, Muslim fanatics are NOT our main enemy as long as we could use them in our struggle to control the money and wealth of other nations. Who cares if they hate us or if they abuse their women? Right? Oil and money is our business, and anyone who is not a threat to our business is not our enemy. I must be more specific and accurate when I say “ours” as it mainly means only the “elites'”

  • Clarence Hall

    Libya- It’s only less than 5% of Libyans that oppose Qadaffi. And you can’t class the rebel forces as civilians if they are armed with anti-aircraft/ anti-tank weapons, machine guns, rifles and pistols.
    It seems that this is another grab for oil using standover tactics by the UN and puppet master USA.
    America is going down the sh*t tubes economically so fast that they will take down the rest of the world with them.
    How many billions of dollars are they going to waste this time, and send the USA further down that sh*t tube and closer to starving their own people and economy??
    The good people of the USA should wake up to themselves and overthrow their own oppresive government and send their leaders to The Hague to be tried for war crimes against humanity that they’ve been doing since the Vietnam war.
    What do you think?

  • eyesark

    Libya was one of the few countries that had no Rothschild central bank; now it has one. And in all honesty, I think the bank is more important than the oil, so the US is getting a raw deal as the murderous illegal state that annexed Palestine, Israel, establishes another bank backed by the owners of the world, the Rothschild.
    Iran and North Korea will be next. And the whole plan will fall into place.

  • TheDream

    Now that Libya is being subjected to a news blackout of some kind, its very difficult to get any current reliable updates from there. The last I heard, the new NATO backed regime is practicing genocide on Libya’s own dark skinned citizens as well as the guest workers from tropical Africa.

    The prison that was busted open by Libyan “REBELS” was full of prisoners incarcerated for Al Quada activity, were all released and many were known to take sides with the rebels upon their release. That means NATO employed Al Quada, the same guys they have been telling everyone is the biggest enemy to freedom in the world. But that small point is beyond the interests of any major media outlet to report on, and so most people have no idea.

    Personally had a number of friends who lived there and no longer have the ability to contact them, nor can I find out why that is. The real terrible truth here is that the thing the west fears most is a united Africa. Our culture would not exist if it wasn’t for the resources we get from Africa. Iron, alluminum, gold, silver, rubber, diamonds, cobalt, all come from Africa. Things like Coca Cola would not exist if it wasn’t for the Kola trees that are indigenous to Africa. Yet Africa is the poorest continent in the world?

    Not to mention, Mr. Gaddafi was seen as a hero by his own people and many Africans because he had the balls to stand up to the west and because his bank made interest free loans to its neighbors. How do you think that went down at the Bank of America board meeting?

    Gaddafi was a charismatic and dynamic figure on the African continent. He very likely also had a very clear vision of events in the world just because he had the distinction of being a head of state longer than any one else had ever been. He had to be aware of things that the current leadership in the world only has some clues about. That alone made him a dangerous possibility.

    But I think it was the added attraction of the plan to initialize and execute a standard African gold coin combined with many of these other things that made NATO commit the crimes they did there. For one, it ultimately would have shown that the dollar isn’t worth the paper its printed on. The federal reserve hasn’t had a single ounce of gold since 1932. Nor is an audit of Fort Knox permitted.

    if anyone wants to continue believing that NATO is a good guy and on the side of the oppressed, then they are ignoring the fact that in Burma alone, where the the worlds longest running civil war has been going on for over 50 years, where atrocities are taking place that that no one ever dreamed of accusing Gaddafi of.

  • Strayhorse

    With IBS, IMF and CIA, opium money.

  • Jeannette St Amand

    And now the chess game is being played in Syria at what point will the centralized bank move in?? They want Syria so that Qatar can run a pipeline through to Europe for who’s benefit is that???

  • PatheticCritic

    The Holy Prophet (Allah’s grace and peace be upon him) has also
    condemned the dealing with USURY in any manner. He said, “The man who
    accepts usury, who gives usury, one who writes the document on usury and
    those who stand witnesses to it, are all condemned as accursed.” He has
    also said that though superficially the usury/interest gives increase
    in the wealth but in consequence and in the longer run it cause
    diminution/decrease in one’s assets.

    Yes good job ISLAMIC rebels. You are very ISLAMIC.

  • Theresa Saunders-Priest

    repeal the 17th amendment … we need stronger states … they are our only defense in times like these … but these demons and liars covered their bases … with the election of senators rather then states appointing they could buy each and every senator and keep them in power for a lifetime …

  • Theresa Saunders-Priest

    more and more people are waking up to this!

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